The SEC Chairman Just Issued a Dire Warning for Cryptocurrency Investors
In just two weeks we'll be waving goodbye to 2017, which should henceforth be known as "the year of the cryptocurrency."
Since the year began, the number of investable cryptocurrencies has soared, as have market caps. According to data from CoinMarketCap.com through Dec. 11, the aggregate market cap of all virtual currencies has vaulted from $17.7 billion on Dec. 31, 2016 to $463 billion. That's an over 2,500% increase in 11-1/2 months. It's very possible we could go the rest of our lives without seeing broad-based single-year gains like this ever again.
Image source: Getty Images.
Source: Fool.com